Perform a horizontal analysis on the following information providing both the dollar amount and percentage change:
$\begin{array}{lrr}&2013&2012\
\text { Cash } & \$ 500,000 & \$ 200,000 \
\text { Accounts receivable } & 900,000 & 800,000 \
\text { Inventory } & 700,000 & 500,000 \
\text { Long-term assets } & 2.200 .000 & 2.500 .000\
\text { Total assets }&\$4,300,000&\$4,000,000\
\end{array}$

Question

Perform a horizontal analysis on the following information providing both the dollar amount and percentage change:
 $\begin{array}{lrr}&2013&2012\
\text { Cash } & \$ 500,000 & \$ 200,000 \
\text { Accounts receivable } & 900,000 & 800,000 \
\text { Inventory } & 700,000 & 500,000 \
\text { Long-term assets } & 2.200 .000 & 2.500 .000\
\text { Total assets }&\$4,300,000&\$4,000,000\
\end{array}$

Quizplus · Accepted Answer

The Answer of Perform a horizontal analysis on the following information providing both the dollar amount and percentage change:
 $\begin{array}{lrr}&2013&2012\
\text { Cash } & \$ 500,000 & \$ 200,000 \
\text { Accounts receivable } & 900,000 & 800,000 \
\text { Inventory } & 700,000 & 500,000 \
\text { Long-term assets } & 2.200 .000 & 2.500 .000\
\text { Total assets }&\$4,300,000&\$4,000,000\
\end{array}$

Perform a Horizontal Analysis on the Following Information Providing Both